Communisis PLC Result of General Meeting (7520O)
09 November 2016 - 10:18PM
UK Regulatory
TIDMCMS
RNS Number : 7520O
Communisis PLC
09 November 2016
9 November 2016
Communisis plc
('Communisis')
(Symbol: CMS)
RESULTS OF A GENERAL MEETING ("GM")
LODGING WITH THE FINANCIAL CONDUCT AUTHORITY OF SPECIAL BUSINESS
RESOLUTIONS PASSED AT THE GM
At a General Meeting of the Company today, the Board's
recommendation for a capital reduction was approved by an
overwhelming majority of shareholders. Subject to the High Court
and other necessary approvals, this result will enable the Company
to increase its distributable reserves by approximately GBP22.5m
and support future dividend payments.
The resolutions were passed on a poll and the results are shown
below.
Resolution Nature of For Against Withheld
Number Resolution
----------- --------------------- ----------------------- ------------------ ------------- --------- --------
Votes %age Votes %age Total Votes %age
of of votes of
votes votes cast ISC
cast cast voted
----------- --------------------- ------------- -------- --------- ------- ------------- --------- --------
To:
(a) grant
the directors
of the Company
authority
to capitalise
the Company's
merger reserve;
(b) to grant
the directors
of the Company
authority
to allot
B ordinary
shares in
the capital
of the Company;
(c) set
out the
rights and
restrictions
which shall
apply to
the B ordinary
shares;
and
(d) disapply
statutory
pre-emption
rights in
respect
of the allotment
of B ordinary
shares contemplated
by this
1 resolution. 88,612,368 99.97 29,250 0.03 88,641,618 36,078 42.34
----------- --------------------- ------------- -------- --------- ------- ------------- --------- --------
Approval
of a capital
reduction
by way of:
(a) the
cancellation
of all of
the B ordinary
shares in
issue;
(b) the
cancellation
of the Company's
share premium
account;
and
(c) the
cancellation
of the Company's
capital
redemption
2 reserve. 88,611,133 99.97 29,485 0.03 88,640,618 36,078 42.34
----------- --------------------- ------------- -------- --------- ------- ------------- --------- --------
Notes:
1. Any proxy votes which were at the discretion of the Chairman
have been included in the "for" total.
2. The issued share capital as at 9:00 am 7 November 2016 was
209,376,010 ordinary shares of 25p each and the number of votes per
share is one. This figure has been used to calculate the percentage
of issued share capital voted.
--------------------------------------------------
Both of the resolutions were passed as special resolutions. As
required by the Listing Rules, a copy of all the resolutions
passed, other than those concerning ordinary business, will be
submitted to the National Storage Mechanism and will shortly be
available for inspection at www.Hemscott.com/nsm.do.
The form of each of the above resolutions as passed accords with
the corresponding item on the Notice of General Meeting which is
available for viewing or downloading from the Company's website
www.communisis.com/investors. A copy of any or all of the
resolutions may be obtained by writing to the Company Secretary at
the Registered Office: Communisis plc, Communisis House, Manston
Lane, Leeds LS15 8AH.
Sarah Caddy
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 09, 2016 06:18 ET (11:18 GMT)
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